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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Summary of Components of Lease Cost The components of lease cost follow:
(in millions)202420232022
Operating lease cost
$26.6 $21.2 $19.6 
Variable lease cost
8.5 5.5 4.4 
Short-term lease cost8.1 6.9 5.1 
Total lease cost$43.2 $33.6 $29.1 
Summary of Lease Assets and Lease Liabilities
A summary of lease assets and liabilities follows:
(in millions)
December 31,
2024
December 31,
2023
Assets:
Operating lease right-of-use assets(1)
$121.6 $50.4 
Liabilities:
Operating lease liabilities - current(2)
25.7 19.8 
Operating lease liabilities - long-term(3)
100.5 34.8 
Total lease liabilities$126.2 $54.6 
(1)Included in other long-term assets.
(2)Included in accrued and other current liabilities.
(3)Included in other long-term liabilities.
Summary of Maturity of Lease Liabilities
Maturity of lease liabilities as of December 31, 2024, follow:
(in millions)
20252026202720282029ThereafterTotal
Lease payments$31.4 $26.1 $19.4 $13.9 $12.5 $57.3 $160.6 
Less: imputed interest(34.4)
Total lease liabilities$126.2 
Summary of Lease Term and Discount Rate
Lease Term and Discount Rate
December 31,
2024
December 31,
2023
Operating leases:
Weighted-average remaining lease term (in years)8.43.5
Weighted-average discount rate5.1 %4.4 %
Summary of Supplemental Cash Flow Information
Supplemental Cash Flow Information
(in millions)202420232022
Operating lease liabilities - cash paid$23.4 $19.9 $18.4 
Operating lease liabilities - right-of-use assets obtained92.8 19.2 18.7